9 comments:

Ya know, I read your piece, then was thinking, "Gee, I was talking about this same thing yesterday with a co-worker, using all the same verbiage"...e.g., kiting checks, and just had to write up a quick post.

On the Other Hand, I'm beginning to believe that total economic collapse is exactly what Obama wants. That will be a huge crisis that can be exploited to give the Federal Government and the Democraps even more power. "Power to the People," but they're not smart enough to know what's good for them, so we'll use the power on their behalf.

I was promised a freak-out, but it was more like a frank-about. I hope everyone's getting the message. Come 2010, I expect many votes cast for Disney characters and aging rock stars--at the very least.

WV = "phablub"; the sound an economy makes as it sinks in a toilet bowl.

Fed members know the interest rates are rising because those who bid on U.S. Treasury securities expect a yield greater than what increasing inflation will take away.

Hugo Chavez is right when he says he's to the right of Comrade Obama on the political spectrum. Maybe our descendants will wade south across the Rio Grande or take leaky boats to Cuba in the 22nd Century.